Nigeria vs Seychelles: Interest rate spread (lending rate minus deposit rate, %)
Nigeria
7.2%
in 2025
Seychelles
7.4%
in 2025
Nigeria rank
40th
Seychelles rank
37th
Interest rate spread (lending rate minus deposit rate, %) over time
- Nigeria
- Seychelles
How they compare
Seychelles currently reports 7.4% against 7.2% in Nigeria, a difference of 0.2%.
The two have swapped places 10 times across 37 shared years of data; in 1989 it was Seychelles ahead.
Nigeria ranks 40th and Seychelles ranks 37th of 141 countries.
Across the 5 decades both report, Nigeria averaged higher in 2 and Seychelles in 3.
Head to head by decade
| Decade | Nigeria | Seychelles | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 5.8% | 5.8% | 0.0% | Seychelles |
| 1990s | 7.3% | 6.3% | 1.0% | Nigeria |
| 2000s | 6.8% | 6.5% | 0.3% | Nigeria |
| 2010s | 8.5% | 9.1% | 0.6% | Seychelles |
| 2020s | 6.8% | 7.4% | 0.6% | Seychelles |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest rate spread, Nigeria or Seychelles?
- Seychelles, at 7.4% against 7.2% in Nigeria as of 2025.
- What is the difference in interest rate spread between Nigeria and Seychelles?
- 0.2%, with Seychelles ahead.
- How many years of comparable data are there for Nigeria and Seychelles?
- 37 years are reported by both, from 1989 to 2025.
- How do Nigeria and Seychelles rank globally for interest rate spread?
- Nigeria ranks 40th and Seychelles ranks 37th of 141 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Interest rate spread (lending rate minus deposit rate, %). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.